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Nvidia to buy AI platform Hugging Face for $12.9 bn: report

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Nvidia is set to buy artificial intelligence platform Hugging Face for $12.9 billion, news outlet The Information reported on Wednesday, as the US chipmaking giant seeks to diversify.Hugging Face, which was valued at $4.5 billion during its last funding round in 2023, has seen increasing traffic to its online software library.

AI Stock Newsabout 4 hours ago
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Nvidia to buy AI platform Hugging Face for $12.9 bn: report | Steek AI Signal | Steek